How long a fixed payment takes to clear a balance, or what payment a target date actually needs. Either way, see the interest you're paying along the way.
The whole idea
Every extra AED above interest goes straight to principal.
A minimum payment is calculated to keep a balance revolving for years, not to clear it. Paying only the minimum is, by design, the slowest and most expensive path off a card balance.
Common mistake
Spreading extra payments evenly across cards
The “avalanche” method, putting extra money at the highest-APR card first, clears total debt faster for the same monthly outlay.
Worth knowing
Interest compounds monthly here
Matching how UAE and most global card issuers actually charge it.
Curious how this affects your lending eligibility? Check the debt-to-income calculator.
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